Walchandnagar Industries logo

Walchandnagar Industries share news, announcements and annual reports

NSE: WALCHANNAGBSE: 507410Industrial ManufacturingSmall Cap

Walchandnagar Industries Limited · Face value ₹2 · Listed Jan 1942 on BSE, Sep 1996 on NSE
Last close ₹180.11down ₹10.13 (5.32%)BSE ₹180.05

Share price at the NSE close on 30 Oct 2026. Previous close ₹190.24.

30 Oct: open ₹191.00, high ₹191.01, low ₹178.28

52-week range of traded prices to 30 Oct 2026
₹131.15Low, 30 Mar 2026₹315.80High, 19 Jun 2026
Market cap
₹1,223 Cr1,332nd largest listed
P/E
Lossover the last 12 months
P/B
3.41
Dividend yield
Nonein the last 12 months
ROE
−0.9%
ROE without one-offs
−0.7%
ROCE
2.1%
Debt to equity
0.61
Volume, NSE
9,15,52349.5% delivered

Walchandnagar Industries share news and announcements

662 announcements, routine notices left out, newest first. Page 13 of 14.

  1. Nov 2008

    • 24 Nov · Meeting

      Board of Directors of the Company at their meeting held on November 24, 2008, have inter alia: (1) Recommended dividend of 50% on the equity shares of Rs. 2/- each i.e. Rs. 1/- (Rupee One Only) per share. The dividend recommended by the Directors, if approved by the Members at the AGM, will be paid within the stipulated period. (2) Decided to hold the Annual General Meeting of the Company on January 29, 2009. (3) Decided to close Share Transfer Books from January 23, 2009 to January 29, 2009 (both days inclusive).
    • 24 Nov · Business

      Press release dated November 24, 2008, with respect to financial results for the quarter and year ended September 30, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Nov · Board meeting

      At the meeting of the Board of Directors held on November 24, 2008 has decided the following: (1) Subject to obtaining the approval of shareholders in the Annual General Meeting, to implement Employee Stock Purchase scheme on following salient terms: (1) Eligibilty : All employees of the Company who are on the roll of the Company on November 24, 2008. (2) Pricing : The Equity shares under ESPS shall be allotted at Par i.e. at Rs.2 per share. (3) Entitlement shall be based on the total number of years of service put in by the employee with the Company and shall be determined as per the details attached. November 24, 2008 shall be treated as a cut off date to determine the longevity of the service to establish the entitlement. It is estimated that a total of about 28,000 equity shares of Rs.2 each shall be allotted under the scheme. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Nov · Results

      Standalone Results for the year ended on 30-SEP-2008 as follows: Net Sales of Rs. 69604 lacs for year ending on 30-SEP-2008 against Rs. 63434 lacs for the year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 3977 lacs for the year ending on 30-SEP-2008 against Rs. 3556 lacs for the year ending on 30-SEP-2007.
    • 24 Nov · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 24393 lacs for quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 1121 lacs for the quarter ending on 30-SEP-2008.
    • 10 Nov · Board meeting

      To consider, inter alia, the following items of the Agenda: 1) To consider and approve the Audited Annual Financial Results and segment - wise Financial Report for the year ended September 30, 2008. 2) To recommend the Dividend on the Equity Shares of the Company.
  2. Oct 2008

    • 20 Oct · Business

      Press release dated October 20, 2008 regarding signing of license agreement by the Company with Foster Wheeler for High Pressure Grate Fired Industrial Boilers. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Oct · Results

      We will publish the Audited Results of the Company for the year ending 30th September, 2008 within a period of 3 months i.e. by 31st December, 2008. Therefore the Audited Quarterly Financial Results for the last quarter ended 30th September, 2008 will not be published/ given to the Stock Exchanges within the stipulated period of one month from the close of the quarter
  3. Aug 2008

    • 6 Aug · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  4. Jul 2008

    • 29 Jul · Board meeting

      Meeting of the Allotment Committee of Board of Directors held on July 29, 2008, has issued and allotted 30,00,000 (Thirty Lakhs) equity shares of Rs.2/- each (including 15,00,000 Bonus Equity Shares) to M/s Rodin Holdings Inc. and 7,69,310 (Seven Lakhs Sixty Nine Thousand Three Hundred and Ten) equity shares of Rs.2/- each (including 3,84,655 Bonus Equity Shares) to M/s Olsson Holdings Inc. by way of Conversion of Warrants. The equity shares issued as above shall rank pari-pasu with the exiting equity shares of the Company. With the above allotment of shares the total promoters' holding in the Company has gone up from 50.04% to 54.99%.
    • 17 Jul · Board meeting

      To consider and take on record, amongst other business, the Un-audited (Reviewed) Quarterly Financial Results and Segment-wise Financial Report of the Company for the Quarter ended June 30, 2008.
  5. Jun 2008

    • 9 Jun · Board meeting

      Meeting of Allotment Committee of Board of Directors of the Company held on June 07, 2008 has issued and allotted 30,00,000 (Thirty Lakhs) equity shares of Rs.2/- each (including 15,00,000 Bonus equity shares) to M/s Kamdhenu Commercials Pvt. Ltd. a promoter group entity by way of conversion of Warrants as per the terms of the issue of the Warrants and SEBI (DIP) Guidelines. The equity shares issued as above shall rank pari-passu in all respect with the existing equity shares of the Company. With the above allotment of shares the total promoters' holding in the Company has gone up from 50.06% to 54.43%.
    • 3 Jun · Board meeting

      Allotment Committee of the Board of Directors of the Company will be held on June 07, 2008 for the purpose of allotment of shares against conversion of warrants issued on preferential basis to promoter group company/ companies.
  6. May 2008

    • 8 May · Results

      Minutes of the Results of the Postal Ballot announced on May 05, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 6 May · Results

      Postal Ballot Results announces today i.e. May 05, 2008. All the Resolution of Postal Ballot have been approved by the shareholders with more than requisite majority. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.
    • 2 May · Audit Qualifications

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 25, 2008) regarding Auditors Qualifications the details of which are as follows: No provision has been made in respect of invoked Bank Guarantees. Equivalent Contingency Reserve is created. On the basis of legal advice, no provision is considered necessary. The matter continues to be sub-judice since 1987. The qualification will get removed on decision by the judiciary.
    • 2 May · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 25, 2008) that: "The Company has received a total amount Rs.1211.10 lakhs against allotment of aforesaid warrants and against conversion of part of them into Equity. Out of these proceeds, till date Rs.67 lakhs has been utilised for capital expenditure and the balance amount is temporarily invested in ING Fixed Maturity Fund and ICICI Prudential Inverval Fund, pending utilisation."
  7. Apr 2008

    • 29 Apr · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 25 Apr · Business

      Press release dated April 25, 2008, titled "Half yearly Results; For the half year ended on 31st March 2008". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 9 Apr · Board meeting

      To consider and take on record, amongst other business, the Un-audited (Reviewed) Quarterly Financial Results and Segment-wise Financial Report of the Company for the Quarter and Half Year ended March 31, 2008.
    • 2 Apr · Miscellaneous

      The Board of Directors in their meeting held on 30.01.2008 had approved the preferential issue of 525,000 convertible Warrants to the Promoter group Company M/s Rodin Holding Inc. as per SEBI (DIP) Guidelines. The decision of the Board of Directors was later approved by the Shareholders in the Extra Ordinary General Meeting held on 04.03.2008. M/s Rodin Holding Inc. was to exercise the right to subscribe to the Warrants within 15 days from the date of receipt of RBI permission. They have since informed the Company vide letter dated 29.03.2008 that even though they are bullish on the prospects and the future of the Company, due to current liquidity conditions they are not exercising the right to subscribe to the Warrants. The Finance Committee of the Board of Directors at its meeting held on 31.03.2008 took the aforesaid letter on record
    • 2 Apr · Meeting

      Minutes of the Extraordinary General Meeting of the members of the Company which was held on March 04, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  8. Mar 2008

    • 31 Mar · Board meeting

      The Allotment Committee of Board of Directors of the Company held today i.e. 31st March, 2008 has issued and allotted 12,30,690 (Twelve Lakhs Thirty Thousand Six Hundred Ninety) equity shares of Rs. 2/- each (including 6,15,345 Bonus equity shares issued and allotted as per the terms of the issue of the Warrants and SEBI (DIP) Guidelines) by way of Conversion of Warrants to M/s Olsson Holding Inc. a promoter group entity. The equity shares issued as above shall rank pari-pasu with the existing equity shares of the Company. With the above allotment of shares the total promoters' holding in the Company has gone up from 48.01% to 50.06%.
    • 27 Mar · Meeting

      Following Resolutions are required to be passed as Special Resolutions through Postal Ballot in accordance with Sections 372A, 17 and 149(2A) of the Companies Act, 1956 (the Act) read with Section 192A of the Act and the Rules made thereunder and the Company proposes the same for approval by its Members. (1) Special Resolution under Section 372A of the Companies Act, 1956 authorising Board of Directors to make loans, give guarantees, provide securities and make investments exceeding the limits specified therein. (2) Special Resolution under Section 17 of the Companies Act, 1956 for alteration of Object Clause of the Memorandum of Association of the Company by adding new Clause related to aviation business and allied activities and also undertaking infrastructure activities. (3) Special Resolution under Section 149 (2A) of the Companies Act, 1956 for commencement of aviation business and allied activities and also undertaking infrastructure activities specified in the new sub-clause 41 of Memorandum of Association. The Company has appointed Mr. V. N. Deodhar, Practicing Company Secretary as Scrutinizer for conducting the voting through Postal Ballot in a fair and transparent manner. Duly completed Postal Ballot Form should reach the Scrutinizer on or before the close of working hours on April 23, 2008. The Scrutinizer will submit his report to the Chairman of the Board of Directors after completion of the scrutiny and the result of voting by Postal Ballot shall be declared on May 05, 2008. The copy of the Notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 24 Mar · Board meeting

      Meeting of the Allotment Committee of the Board of Directors of the Company will be held on March 31, 2008 to allot and issue equity shares of Rs. 2/- each by way of conversion of Warrants issued to a promoter group entity vide Shareholders approval in the EGM held on November 23, 2006.
    • 11 Mar · Meeting

      Minutes of the Annual General Meeting of the Company held on January 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 11 Mar · Board meeting

      At the Meeting held on Tuesday the 4th March, 2008, the Board of Directors of the Company has decided to seek Shareholders' approval through Postal Ballot for passing following items by Special Resolution : 1) Investment of funds upto Rs. 1000 Crore in excess of the limit prescribed under Section 372 A of the Companies Act, 1956. 2) Alteration to Object Clause of the Memorandum of Company to :- Explore possibilities of leveraging the existing core competencies to enable the company to undertake projects in the field of developing, constructing, maintaining and operating various infrastructure facilities and to carry on business of chartering aircrafts as Non Schedule Operator (NSOP). 3) Commencement of new business activities as stated above in point no (2).
    • 5 Mar · Board meeting

      Meeting of the Allotment Committee of the Board of Directors of the Company held on March 04, 2008 has allotted 1,50,22,530 (One Crore Fifty Lacs Twenty Two Thousand Five Hundred Thirty) Bonus Shares of the face value of Rs.2/- each to the equity shareholders of the Company in the ratio of one equity share of Rs. 2/- each fully paid up for every one fully paid up equity share held by the equity shareholders by capitalizing an amount not exceeding Rs. 3,00,45,060 (Rupees Three Crores Forty Five Thousand and Sixty Only) out of free reserves of the Company as approved by the Shareholders in the Annual General Meeting of the Company held on January 30, 2008. The shareholders who held equity shares of the Company on the "Record Date" i.e. March 03, 2008 shall be eligible for Bonus Issue.
    • 4 Mar · Meeting

      At the Extra-Oridinary General Meeting of members held today i.e on 4th March, 2008, the Members have approved by way of special resolution the following items: (1) Issue of equity shares/ equity linked securities / securities convertible into equity ("securities") to Qualified Institutional Buyers as defined in and in the terms of the chapter XIII-A of SEBI (Disclosure & Investor Protection) Guidlines, 2000 on the basis of placement document(s), for an aggregate amount which shall not exceed Rs 550 Crores(Rupee Five Hundread Fifty Crores) in One or more tranches. (2) Preferential issue of 5,25,000 Convertible warrants to the Promoters / Promoters Group at a price determined as per SEBI (Dislosure & Investor Protection) Guidlines, 2000
  9. Feb 2008

    • 26 Feb · Board meeting

      Meeting of the Allotment Committee of the Board of Directors of the Company will be held on March 04, 2008 to allot Bonus Equity shares in the ratio of 1:1 as authorized by the Shareholders in the Annual General Meeting of the Company held on January 30, 2008. The shareholders who are holding equity shares of the Company on the Record Date i.e 3rd March, 2008 shall be eligible for Bonus Issue.
    • 13 Feb · Meeting

      Notice convening Extra Ordinary General Meeting of Shareholders of the Company on March 04, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 11 Feb · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 7 Feb · Audit Qualifications

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2007 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2008) regarding Auditors Qualifications the details of which are as follows: No provision has been made in respect of invoked Bank Guarantees. Equivalent Contingency Reserve is created. On the basis of legal advice, no provision is considered necessary. The matter continues to be sub-judice since 1987. The qualification will get removed on decision by the judiciary.
    • 1 Feb · Corporate action

      Shareholders in their meeting held on January 30, 2008 approved the Sub-division of Equity Share of face value Rs.10/- each into 5 Equity Shares of Rs.2/- each and issue of One to One (1:1) Bonus Equity Shares and authorized the Board to fix the 'Record Date' therefore. Accordingly the Board of Directors of the Company has fixed March 03, 2008 as the 'Record Date' for the aforesaid purposes.
  10. Jan 2008

    • 31 Jan · Board meeting

      Outcome of the Board Meeting held on January 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 30 Jan · Meeting

      All the Resolutions mentioned in the Notice of the Annual General Meeting have been passed by the shareholders. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 30 Jan · Business

      Press release dated January 30, 2008, with respect to Unaudited Financial result for the Quarter ended December 31, 2007. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 10 Jan · Board meeting

      To consider and take on record inter alia the Unaudited Financial Results and Segment-wise Financial report of the Company for the quarter ended December 31, 2007.
  11. Dec 2007

    • 19 Dec · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the period ended September 30, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  12. Nov 2007

    • 29 Nov · Miscellaneous

      Highlights of the Financial Results for the year ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate For more details click here.
    • 28 Nov · Increase in Equity Share Capital

      Walchandnagar Industries Ltd had informed the Exchange regarding the issue of Bonus Shares in the ratio of 1:1, subject to approval of shareholders and other necessary regulatory approvals. The Company has now informed the Exchange that: "We further wish to clarify that the bonus share will be issued through capitalization of free reserves in 1:1 ratio on equity share(s) held on the record date to be announced at a later date. Upon allotment of Bonus Shares, the equity share capital will be of Rs.600.90 Lakhs instead of Rs.300.45 Lakhs at present".
    • 27 Nov · Business

      Press Release relating to the Board Meeting held on November 25, 2007 issued to the Press by the Company on November 27, 2007. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 26 Nov · Meeting

      Board of Directors of the Company at their meeting held on November 25, 2007, have, inter alia: 1) Decided to hold the Annual General Meeting of the Company on January 30, 2008. 2) Decided to close Share Transfer Books from January 24, 2008 to January 30, 2008 (both days inclusive) for the purpose of payment of dividend. 3) Re-appointed Mr. J L Deshmukh as Managing Director and Chief Executive Officer of the Company w.e.f. November 25, 2007 for a period of 5 years. 4) Appointed Mr. Chirag C Doshi as Managing Director of the Company w.e.f. November 25, 2007 for a period of 5 years.
    • 26 Nov · Dividend

      Board of Directors of the Company at their meeting held on November 25, 2007 have recommended special 'Centenary Dividend' of 100% on the equity shares of Rs.10/- each i.e. dividend of Rs.10/- (Rupees Ten only) per share, as the Company is entering into its centenary year on November 25, 2007. The Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to issue Bonus Shares in the ration of 1:1 (one bonus share for one share held). Further, the Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to sub-divide the equity shares of the face value of Rs.10/- each into 5 equity shares of Rs.2/- each.
    • 16 Nov · Board meeting

      To consider, inter alia, the following items of agenda: 1) To consider and approve the Audited Annual Financial Results and Segment-wise financial report for the year ended September 30, 2007. 2) To recommend the Dividend on the Equity Shares of the Company.
    • 15 Nov · Results

      We will publish the Audited Results of the Company for the year ended 30th September, 2007 within a period of 3 months i.e. by 31st December, 2007.
  13. Aug 2007

    • 14 Aug · News Verification

      News Verification : The media had reports that Walchandnagar Industries Ltd is planning to sell its significant land assets in Mumbai. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Walchandnagar Industries Ltd has vide its letter inter-alia stated, "The Company has not sold any of its real estate property in the recent past. Further, the Company does not have any land assets in Mumbai."
    • 8 Aug · Limited Review Report

      Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  14. Jul 2007

    • 5 Jul · Board meeting

      To consider and take on record inter alia the Unaudited Financial Results and Segment-wise Financial Report of the Company for the quarter ended June 30, 2007.
  15. May 2007

    • 23 May · Utilisation of Funds

      Company has received an application money of Rs.509.98 Lakhs against 8 Lakhs convertible warrants issued on prefrential basis to promotors, as approved by the shareholders at EGM held on November 23, 2006. Pending utilisation for capital expenditure and working capital, this amount is temporarily invested in LIC Liquid Fund.